Multi-billion dollar valuations for Indian startups might be applauded by the popular media, but what are the fundamentals on which these valuations are based on? Are there any pitfalls of enjoying such numbers?

(This article first appeared on YourStory.com here) Alibaba is doing to Amazon on its home turf, what Amazon did to incumbent leaders in numerous European and Asian countries – take the fight to them and work aggressively towards the dominant position. Amazon has done this in Germany and Russia for example, as detailed here. But the Alibaba group is doing this by taking subtle yet sure steps in the US. Jack Ma-led Alibaba group, valued at a whopping $190-200 billion has filed for an IPO in NYSE. The markets are expecting this to be such a massive fund raising exercise Read more…